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I am looking at purchasing a duplex for 100k. The seller is an older man and wants to do owner financing so that it will continue to give him income from the property and he will make a profit from it. However, the se...
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Our tenants left without giving prior notice and did not pay for last months rent. I have 1 month deposit so it will cover that. There was no Lease termination doc signed or anything. What should be my next step as fa...
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I am having a hard time figuring out how folks are able to achieve decent cash-flow in Branson, MO as my numbers are not penciling out. Yet I am seeing a lot of short term rentals in this market -- 4,184 as of today a...
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Hello, Anyone has experience using REPS status via their wife or husband to offset W-2? MY 2024 W-2 will be more than $300K and this year (2024) I married a real state agent. I have been reading a lot and educating m...
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How do you guys deal with the problem of potential renters who don't show up? I've had two appointments for this morning and neither of them showed up. So basically I'm just sitting here alone in an empty unit on a be...
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(I apologize in advance for the long post)Some background:I'm interested in a property as a rehab project located in a seaside town here in Massachusetts. The average lot size as you get closer to the water is greatl...
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Hey all,I purchased my first rental property May of last year that is a 3-unit student rental. I found a property manager through the attorney I worked with in the area who claimed he uses him on his own properties an...
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Hello All,I have a one-bedroom vacation rental condo in Palm Springs that has been listed on AirBnB for about a year now. I have my first stressful problem: a vacation renter with a 44 day reservation who will NOT lea...
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Hi All! I had to share. Against all conventional advice and wisdom, I've just quit my job. My fiance's job brings enough for us to cover are needed expenses and I have about a year's worth of savings built up on top o...
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